Pomanda estimates the enterprise value of L&G - ASSET MANAGEMENT LIMITED at £1.4b based on a Turnover of £555.2m and 2.54x industry multiple (adjusted for size and gross margin).
l&g - asset management limitedEstimated Valuation
£3.4b
Pomanda estimates the enterprise value of L&G - ASSET MANAGEMENT LIMITED at £3.4b based on an EBITDA of £314.8m and a 10.81x industry multiple (adjusted for size and gross margin).
l&g - asset management limitedEstimated Valuation
£1.2b
Pomanda estimates the enterprise value of L&G - ASSET MANAGEMENT LIMITED at £1.2b based on Net Assets of £746m and 1.61x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
L&g - Asset Management LimitedOverview
L&g - Asset Management Limited is a live company located in london, EC2R 5AA with a Companies House number of 04303322. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in October 2001, it's largest shareholder is
legal & general group plc
with a 100% stake. L&g - Asset Management Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£555.2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded L&G - Asset Management Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
1 Regular
2 Weak
Size
annual sales of £555.2m, make it larger than the average company (£11.7m)
£555.2m - L&g - Asset Management Limited
£11.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9%)
6% - L&g - Asset Management Limited
9% - Industry AVG
Production
with a gross margin of 77.6%, this company has a comparable cost of product (77.6%)
77.6% - L&g - Asset Management Limited
77.6% - Industry AVG
Profitability
an operating margin of 50.2% make it more profitable than the average company (9.3%)
50.2% - L&g - Asset Management Limited
9.3% - Industry AVG
Employees
with 1671 employees, this is above the industry average (65)
1671 - L&g - Asset Management Limited
65 - Industry AVG
Pay Structure
on an average salary of £197.5k, the company has a higher pay structure (£82.8k)
£197.5k - L&g - Asset Management Limited
£82.8k - Industry AVG
Efficiency
resulting in sales per employee of £332.3k, this is more efficient (£212.1k)
£332.3k - L&g - Asset Management Limited
£212.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - L&g - Asset Management Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - L&g - Asset Management Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - L&g - Asset Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 43 weeks, this is more cash available to meet short term requirements (27 weeks)
43 weeks - L&g - Asset Management Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.5%, this is a lower level of debt than the average (54%)
36.5% - L&g - Asset Management Limited
54% - Industry AVG
L&G - ASSET MANAGEMENT LIMITED financials
EXPORT
L&G - Asset Management Limited's latest turnover from December 2023 is £555.2 million and the company has net assets of £746 million. According to their latest financial statements, L&G - Asset Management Limited has 1,671 employees and maintains cash reserves of £282.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
555,200,000
555,500,000
554,800,000
471,700,000
438,200,000
407,900,000
371,400,000
386,600,000
303,600,000
263,000,000
232,900,000
195,909,000
179,154,000
164,080,000
141,204,000
Other Income Or Grants
Cost Of Sales
124,290,576
118,403,981
117,225,970
103,322,138
115,026,893
109,325,701
98,412,626
90,791,035
66,274,470
61,630,701
65,423,472
60,831,553
63,973,977
64,104,039
Gross Profit
430,909,424
437,096,019
437,574,030
368,377,862
323,173,107
298,574,299
272,987,374
295,808,965
237,325,530
201,369,299
167,476,528
135,077,447
115,180,023
99,975,961
Admin Expenses
152,209,424
153,296,019
266,174,030
55,377,862
156,173,107
8,574,299
66,787,374
90,408,965
49,725,530
-2,430,701
-25,923,472
133,625,447
113,847,023
98,506,961
-1,504,000
Operating Profit
278,700,000
283,800,000
171,400,000
313,000,000
167,000,000
290,000,000
206,200,000
205,400,000
187,600,000
203,800,000
193,400,000
1,452,000
1,333,000
1,469,000
1,504,000
Interest Payable
1,600,000
2,100,000
2,700,000
3,200,000
3,700,000
1,600,000
904,000
Interest Receivable
6,300,000
3,100,000
100,000
800,000
1,200,000
200,000
400,000
1,100,000
300,000
451,000
426,000
276,000
747,000
Pre-Tax Profit
204,100,000
227,200,000
169,400,000
309,800,000
164,500,000
292,100,000
202,700,000
212,700,000
191,900,000
210,500,000
173,400,000
172,993,000
163,131,000
137,409,000
99,031,000
Tax
16,200,000
16,200,000
25,200,000
2,800,000
11,900,000
2,000,000
200,000
-3,500,000
-2,800,000
1,500,000
-2,500,000
-976,000
-1,539,000
293,000
589,000
Profit After Tax
220,300,000
243,400,000
194,600,000
312,600,000
176,400,000
294,100,000
202,900,000
209,200,000
189,100,000
212,000,000
170,900,000
172,017,000
161,592,000
137,702,000
99,620,000
Dividends Paid
140,000,000
279,000,000
276,000,000
215,000,000
269,000,000
250,700,000
251,000,000
410,000,000
213,000,000
190,000,000
175,000,000
150,000,000
131,500,000
96,000,000
Retained Profit
80,300,000
-35,600,000
-81,400,000
97,600,000
-92,600,000
43,400,000
-48,100,000
-200,800,000
189,100,000
-1,000,000
-19,100,000
-2,983,000
11,592,000
6,202,000
3,620,000
Employee Costs
330,000,000
335,700,000
302,100,000
271,900,000
232,500,000
209,000,000
209,500,000
205,800,000
171,700,000
160,800,000
142,800,000
126,326,000
116,487,000
101,848,000
86,724,000
Number Of Employees
1,671
1,878
1,785
1,684
1,483
1,315
1,232
1,170
1,114
1,076
966
930
858
787
710
EBITDA*
314,800,000
322,900,000
225,100,000
341,400,000
191,200,000
313,700,000
226,500,000
210,300,000
191,700,000
207,000,000
195,900,000
3,921,000
4,066,000
4,826,000
5,332,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
64,400,000
46,800,000
64,500,000
81,000,000
91,000,000
16,500,000
20,300,000
622,700,000
608,300,000
28,800,000
29,200,000
23,985,000
25,444,000
25,518,000
28,298,000
Intangible Assets
80,500,000
92,900,000
95,500,000
116,500,000
88,100,000
85,600,000
68,800,000
61,200,000
57,700,000
40,800,000
14,600,000
Investments & Other
693,500,000
707,200,000
723,900,000
716,400,000
704,800,000
694,500,000
605,600,000
597,600,000
583,600,000
580,200,000
497,300,000
512,700,000
505,530,000
503,535,000
491,414,000
Debtors (Due After 1 year)
7,700,000
8,600,000
Total Fixed Assets
846,100,000
855,500,000
883,900,000
913,900,000
883,900,000
796,600,000
694,700,000
683,900,000
666,000,000
649,800,000
541,100,000
536,685,000
530,974,000
529,053,000
519,712,000
Stock & work in progress
Trade Debtors
Group Debtors
24,000,000
11,100,000
28,800,000
18,800,000
25,800,000
143,800,000
75,900,000
72,200,000
189,500,000
139,700,000
189,200,000
181,741,000
165,971,000
144,521,000
116,326,000
Misc Debtors
22,000,000
16,400,000
25,200,000
14,000,000
14,300,000
2,300,000
800,000
3,300,000
4,800,000
19,300,000
73,100,000
46,538,000
49,041,000
33,908,000
23,646,000
Cash
282,200,000
153,900,000
317,000,000
117,400,000
43,000,000
154,300,000
187,000,000
152,200,000
157,900,000
159,500,000
2,300,000
10,081,000
7,446,000
6,323,000
5,296,000
misc current assets
400,000
300,000
600,000
700,000
348,000
374,000
6,286,000
4,315,000
total current assets
328,200,000
181,400,000
371,000,000
150,200,000
83,100,000
300,400,000
263,700,000
228,100,000
352,500,000
319,100,000
265,300,000
238,708,000
222,832,000
191,038,000
149,583,000
total assets
1,174,300,000
1,036,900,000
1,254,900,000
1,064,100,000
967,000,000
1,097,000,000
958,400,000
912,000,000
1,018,500,000
968,900,000
806,400,000
775,393,000
753,806,000
720,091,000
669,295,000
Bank overdraft
Bank loan
Trade Creditors
282,500,000
Group/Directors Accounts
285,600,000
298,600,000
386,200,000
225,400,000
306,400,000
268,600,000
20,300,000
10,100,000
1,023,000
2,188,000
306,000
311,000
other short term finances
hp & lease commitments
11,400,000
7,800,000
14,000,000
13,500,000
other current liabilities
42,200,000
45,200,000
95,000,000
61,600,000
76,800,000
58,400,000
224,600,000
132,700,000
304,400,000
267,900,000
233,339,000
205,020,000
180,698,000
136,291,000
total current liabilities
339,200,000
351,600,000
495,200,000
300,500,000
282,500,000
383,200,000
327,000,000
224,600,000
132,700,000
324,700,000
278,000,000
234,362,000
207,208,000
181,004,000
136,602,000
loans
hp & lease commitments
32,500,000
30,600,000
39,400,000
53,400,000
64,300,000
Accruals and Deferred Income
5,000,000
5,000,000
5,000,000
700,000
6,800,000
8,300,000
8,800,000
13,400,000
5,800,000
9,900,000
16,900,000
8,367,000
8,738,000
10,651,000
8,236,000
other liabilities
2,700,000
4,000,000
5,400,000
6,800,000
8,300,000
7,800,000
8,800,000
9,900,000
10,900,000
11,900,000
5,200,000
7,206,000
9,217,000
11,228,000
13,238,000
provisions
48,900,000
60,000,000
88,600,000
4,400,000
16,200,000
500,000
500,000
556,000
758,000
915,000
1,128,000
total long term liabilities
89,100,000
99,600,000
138,400,000
60,900,000
79,400,000
16,100,000
17,600,000
25,500,000
24,800,000
22,300,000
22,600,000
16,129,000
18,713,000
22,794,000
22,602,000
total liabilities
428,300,000
451,200,000
633,600,000
361,400,000
361,900,000
399,300,000
344,600,000
250,100,000
157,500,000
347,000,000
300,600,000
250,491,000
225,921,000
203,798,000
159,204,000
net assets
746,000,000
585,700,000
621,300,000
702,700,000
605,100,000
697,700,000
613,800,000
661,900,000
861,000,000
621,900,000
505,800,000
524,902,000
527,885,000
516,293,000
510,091,000
total shareholders funds
746,000,000
585,700,000
621,300,000
702,700,000
605,100,000
697,700,000
613,800,000
661,900,000
861,000,000
621,900,000
505,800,000
524,902,000
527,885,000
516,293,000
510,091,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
278,700,000
283,800,000
171,400,000
313,000,000
167,000,000
290,000,000
206,200,000
205,400,000
187,600,000
203,800,000
193,400,000
1,452,000
1,333,000
1,469,000
1,504,000
Depreciation
14,300,000
17,700,000
17,100,000
17,000,000
13,800,000
4,800,000
4,900,000
4,900,000
4,100,000
3,100,000
2,500,000
2,469,000
2,733,000
3,357,000
3,828,000
Amortisation
21,800,000
21,400,000
36,600,000
11,400,000
10,400,000
18,900,000
15,400,000
100,000
Tax
16,200,000
16,200,000
25,200,000
2,800,000
11,900,000
2,000,000
200,000
-3,500,000
-2,800,000
1,500,000
-2,500,000
-976,000
-1,539,000
293,000
589,000
Stock
Debtors
17,600,000
-17,900,000
21,200,000
-7,300,000
-106,000,000
69,400,000
1,200,000
-118,800,000
35,300,000
-103,300,000
34,021,000
13,267,000
36,583,000
38,457,000
139,972,000
Creditors
-282,500,000
282,500,000
Accruals and Deferred Income
-3,000,000
-49,800,000
37,700,000
55,500,000
-78,300,000
17,900,000
-170,800,000
99,500,000
-175,800,000
29,500,000
43,094,000
27,948,000
22,409,000
46,822,000
144,527,000
Deferred Taxes & Provisions
-11,100,000
-28,600,000
88,600,000
-4,400,000
-11,800,000
15,700,000
-56,000
-202,000
-157,000
-213,000
1,128,000
Cash flow from operations
299,300,000
278,600,000
355,400,000
124,500,000
513,300,000
264,200,000
50,300,000
413,300,000
-6,500,000
341,300,000
202,417,000
17,424,000
-11,804,000
13,271,000
11,604,000
Investing Activities
capital expenditure
-41,300,000
-18,800,000
-16,200,000
-46,800,000
-101,200,000
-36,700,000
574,500,000
-22,800,000
-600,500,000
-29,000,000
-22,315,000
-1,010,000
-2,659,000
-577,000
-32,126,000
Change in Investments
-13,700,000
-16,700,000
7,500,000
11,600,000
10,300,000
88,900,000
8,000,000
14,000,000
3,400,000
82,900,000
-15,400,000
7,170,000
1,995,000
12,121,000
491,414,000
cash flow from investments
-27,600,000
-2,100,000
-23,700,000
-58,400,000
-111,500,000
-125,600,000
566,500,000
-36,800,000
-603,900,000
-111,900,000
-6,915,000
-8,180,000
-4,654,000
-12,698,000
-523,540,000
Financing Activities
Bank loans
Group/Directors Accounts
-13,000,000
-87,600,000
160,800,000
225,400,000
-306,400,000
37,800,000
268,600,000
-20,300,000
10,200,000
9,077,000
-1,165,000
1,882,000
-5,000
311,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
5,500,000
-15,000,000
-13,500,000
2,600,000
64,300,000
other long term liabilities
-1,300,000
-1,400,000
-1,400,000
-1,500,000
500,000
-1,000,000
-1,100,000
-1,000,000
-1,000,000
6,700,000
-2,006,000
-2,011,000
-2,011,000
-2,010,000
13,238,000
share issue
80,000,000
40,500,000
1,700,000
50,000,000
117,100,000
-2,000
506,471,000
interest
4,700,000
1,000,000
-2,700,000
-3,100,000
-2,900,000
1,200,000
200,000
400,000
-1,600,000
1,100,000
300,000
451,000
426,000
276,000
-157,000
cash flow from financing
75,900,000
-103,000,000
143,200,000
223,400,000
-244,500,000
78,500,000
267,700,000
1,100,000
27,100,000
135,100,000
7,369,000
-2,725,000
297,000
-1,739,000
519,863,000
cash and cash equivalents
cash
128,300,000
-163,100,000
199,600,000
74,400,000
-111,300,000
-32,700,000
34,800,000
-5,700,000
-1,600,000
157,200,000
-7,781,000
2,635,000
1,123,000
1,027,000
5,296,000
overdraft
change in cash
128,300,000
-163,100,000
199,600,000
74,400,000
-111,300,000
-32,700,000
34,800,000
-5,700,000
-1,600,000
157,200,000
-7,781,000
2,635,000
1,123,000
1,027,000
5,296,000
l&g - asset management limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for l&g - asset management limited. Get real-time insights into l&g - asset management limited's credit score, group structure and payment trends.
Perform a competitor analysis for l&g - asset management limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC2R area or any other competitors across 12 key performance metrics.
l&g - asset management limited Ownership
L&G - ASSET MANAGEMENT LIMITED group structure
L&G - Asset Management Limited has 8 subsidiary companies.
The sole shareholder of L&G - Asset Management Limited is Legal & General Group Plc.
legal & general group plc
100%
l&g - asset management limited directors
L&G - Asset Management Limited currently has 12 directors.
The longest serving directors include
Mrs Kathleen Gallagher (Apr 2018) and
Mr Richard Lee (Jan 2019).
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to l&g - asset management limited.
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for L&G - ASSET MANAGEMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
l&g - asset management limitedCompanies House Filings - See Documents
